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Trinseo (STU:TR5) Cyclically Adjusted PB Ratio : 0.22 (As of May. 27, 2024)


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What is Trinseo Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Trinseo's current share price is €3.04. Trinseo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.76. Trinseo's Cyclically Adjusted PB Ratio for today is 0.22.

The historical rank and industry rank for Trinseo's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:TR5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 2.15   Max: 5.81
Current: 0.22

During the past years, Trinseo's highest Cyclically Adjusted PB Ratio was 5.81. The lowest was 0.18. And the median was 2.15.

STU:TR5's Cyclically Adjusted PB Ratio is ranked better than
97.65% of 1105 companies
in the Chemicals industry
Industry Median: 1.66 vs STU:TR5: 0.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Trinseo's adjusted book value per share data for the three months ended in Mar. 2024 was €-9.071. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €13.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinseo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Trinseo's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trinseo Cyclically Adjusted PB Ratio Chart

Trinseo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4.00 3.70 1.39 0.53

Trinseo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 0.78 0.50 0.53 0.24

Competitive Comparison of Trinseo's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Trinseo's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinseo's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Trinseo's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Trinseo's Cyclically Adjusted PB Ratio falls into.



Trinseo Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Trinseo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.04/13.76
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trinseo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Trinseo's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-9.071/131.7762*131.7762
=-9.071

Current CPI (Mar. 2024) = 131.7762.

Trinseo Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.691 100.560 10.079
201409 6.636 100.428 8.707
201412 5.336 99.070 7.098
201503 4.716 99.621 6.238
201506 5.258 100.684 6.882
201509 6.307 100.392 8.279
201512 7.321 99.792 9.667
201603 7.996 100.470 10.487
201606 8.888 101.688 11.518
201609 8.449 101.861 10.930
201612 9.580 101.863 12.393
201703 11.332 102.862 14.517
201706 11.402 103.349 14.538
201709 10.944 104.136 13.849
201712 13.138 104.011 16.645
201803 14.121 105.290 17.673
201806 15.961 106.317 19.783
201809 16.660 106.507 20.613
201812 16.242 105.998 20.192
201903 16.256 107.251 19.973
201906 16.242 108.070 19.805
201909 16.436 108.329 19.993
201912 15.436 108.420 18.761
202003 14.286 108.902 17.287
202006 10.637 108.767 12.887
202009 12.139 109.815 14.567
202012 12.636 109.897 15.152
202103 14.679 111.754 17.309
202106 17.751 114.631 20.406
202109 20.198 115.734 22.998
202112 23.657 117.630 26.502
202203 23.745 121.301 25.796
202206 24.096 125.017 25.399
202209 20.088 125.227 21.139
202212 11.304 125.222 11.896
202303 9.982 127.348 10.329
202306 0.556 128.729 0.569
202309 -0.570 129.860 -0.578
202312 -6.962 129.419 -7.089
202403 -9.071 131.776 -9.071

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Trinseo  (STU:TR5) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Trinseo Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Trinseo's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Trinseo (STU:TR5) Business Description

Industry
Traded in Other Exchanges
Address
440 East Swedesford Road, Suite 301, Wayne, PA, USA, 19312
Trinseo PLC is a leading global materials company and manufacturer of latex and plastics products. The company's operating segments include latex binders, feedstocks, polystyrene, Americas styrenics, engineered materials, and base plastics. The company is a global leader in styrene-butadiene latex and holds a strong market position in Europe and North America. Base plastics is the business line with the highest net sales and contains compounds and blends for automotive and other applications. Europe accounts for the highest net sales by geography and building and construction/sheet accounts for the highest net sales by end market.

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